take possession (of)

/tˈeɪk pəzˈɛʃən ɒv/

/tˈeɪk pəzˈɛʃən ʌv/

[phrase]

to take possession (of)

[PHRASE]

to begin to own or control something

Examples

1. And so if you're holding a contract for WTI, you're expected to take possession of oil.

2. He invested in real estate, managing to take possession of an entire city block that housed a livery stable, blacksmith shop, tavern and hotel.

3. Gang member Elza Lay emerged from the shadows and helped Butch take possession of the money bags.

4. Pablo was able to use his millions to take possession of every step of his operation, traveling to Peru, Bolivia and Panama and buying up all the cultivation farms and processing plants.